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Explained: The pros and cons of a SPAC listing for Indian firms

Markets

26 March, 2021

Explained: The pros and cons of a SPAC listing for Indian firms

The proposed listing of ReNew Power on Nasdaq via a blank cheque firm has opened the door for multiple other ......

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

General

01 March, 2021

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

Clean energy developer Adani Green Energy Ltd (AGEL) is in advanced discussions to acquire a 250MW solar power project operated ......

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A preview of gains for ReNew Power founder Sumant Sinha and early investors

Infrastructure

26 February, 2021

A preview of gains for ReNew Power founder Sumant Sinha and early investors

Two years after dropping plans for an initial public offering in India, ReNew Power founder Sumant Sinha and the solar ......

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

General

26 February, 2021

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

Clean energy company ReNew Power Ventures Ltd is considering a listing in India, its managing director said, just two days ......

Goldman Sachs-backed ReNew Power to float in US via blank-cheque firm

Infrastructure

24 February, 2021

Goldman Sachs-backed ReNew Power to float in US via blank-cheque firm

India's largest renewable energy firm ReNew Power on Wednesday agreed to float by merging into a blank-cheque firm listed in ......

Grapevine: PEs eye Cadila unit; CDPQ in talks to buy highway; ReNew explores SPAC route

General

01 February, 2021

Grapevine: PEs eye Cadila unit; CDPQ in talks to buy highway; ReNew explores SPAC route

A clutch of private equity investors including CVC Capital Partners, Temasek Holdings, Warburg Pincus and Multiples Alternate Asset Management have ......

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

General

24 November, 2020

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over a ......

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740 ......

Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL

General

26 August, 2020

Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL

Pacific Alliance Group (PAG), the world’s largest Asia-focused alternative asset management company, is looking to acquire a majority stake in ......

Grapevine: Qatar may invest in Reliance's fibre biz; Thai energy firm eyes ReNew stake

General

29 July, 2020

Grapevine: Qatar may invest in Reliance's fibre biz; Thai energy firm eyes ReNew stake

Sovereign fund Qatar Investment Authority is looking to invest up to $2 billion (Rs 14,965 crore) in an infrastructure investment ......